. >>> an entire america's cup team is high and dry after a local sailor rescued their runaway racing yacht. he then demanded a hefty reward for its return. cbs 5 reporter john ramos explains the case is now sailing for court. >> reporter: america's cup yachts are the racehorses of the high seas but the sunday before last one of them got out of the barn. somehow in the middle of the night, the french boat "energy" slipped its mooring lines and drifted out into the bay. it ended up over by the rocky shore of treasure island where it was spotted by a man named todd. he tied it to's own boat an towed it to the safety of the treasure island marina. >> they should do a better job tying up their boat. >> reporter: but now they can't because after this sunday's race, the boat was literally arrested and taken into custody. it seems todd knew about maritime law and filed a legal salvage claim against this boat. >> how sharp was this guy. >> reporter: he says a case from 1869 establishes the right of a person to be compensated for rescuing a vessel adrift on the sea. >> on the sea... that boat'